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ALM Appraises Threat from Big Four’s “Trojan Horse”

By Gerry Riskin on December 6, 2018
Posted in The Legal Profession

In an article published recently on The American Lawyer, writer Dan Packel reports that this year, “For the first time, PwC, Deloitte, EY and KPMG seized four of the top five spots on [the U.K. consultancy Acritas’s] list of global alternative brands, in a survey of general counsel at heavyweight international businesses.”

Packel points…

Big Four Accounting Firms Continue Their Advance into Legal Arena

By Gerry Riskin on September 27, 2018
Posted in Law Firm Management, Law Firm Strategy

A month ago we reported on the expansion of EY into the legal field through its acquisition of the U.K.’s Riverview Law. Now we learn that PwC U.K. has joined forces with immigration law specialists Fragomen of New York City – giving PwC “a major foothold in the U.S. market,” according to a report in…

PwC’s U.S.-based Law Firm to Advise on International Matters

By Gerry Riskin on October 5, 2017
Posted in Law Firm Economics

Accounting Today reports that accounting giant PwC is about to open a law firm in the U.S. The article, compiled from various sources by Daniel Hood, points out that this constitutes a significant new development in what many see as an increasing encroachment by accounting firms into the legal services marketplace.

The firm, to be…

Law Firms Can’t Afford to Underestimate IT

By Gerry Riskin on November 17, 2016
Posted in Law Firm Technology

The most recent issue of PwC UK’s Annual Law Firms’ Survey 2016 is out, and legal journalist Neil Rose has written an excellent and comprehensive summary of its findings.

“The Big Law Firm of the Future: AI, Digital Robots and Blockchain” (Legal Futures, Oct. 24, 2016) contains enough disturbing findings and predictions that…

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